Funding you earn now, next payment 04:00 UTC+0.1095%/8h= +119.9% APRnext payment +$5.48 per $10,000 · paid last 24h +0.296%
Price spread now: Aster against Phemex+0.208%52s7-day average +0.205% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1671.670% of the position
Funding, last 5 days (all we have)+0.965%+$96 on $10k
+Price spread, last 3 days (all we have)−0.433%−$43 · spread now +0.208%, 7d avg +0.205%
=Together, before fees+0.532%+ Points / potential airdropAster: Stage 5 · farm board+$53 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.205%, so right now this pair is about funding alone: +$33 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SYNUSDT | 0.2362 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $1.5M | $1.8M | 50x |
| Short | Aster SYNUSDT | 0.2367 | 0.1195 | get 0.0598% / 4h | 2h 10m | $2.6M | $813K | 5x |
Phemex SYNUSDT
Aster SYNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $230.02
- Price spread: +0.208% → +0.205%
- $0.32
- Slippage, 4 orders
- −$147.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $63.33
- Costs to cover
- 1.670%
- Break-even
- 5.1 days
Slippage from Phemex: live order book, 3 min ago; Aster: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 3 min ago | 2.73 bp | 40.2 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 6.27 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
SYN on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYNUSDT | +0.0100% | 4h | 0.2365 | +0.110% | $1.3M | $3.3M | 10x | as long as short |
| Orderly PERP_SYN_USDC_mythos | +0.0100% | 4h | 0.2367 | +0.220% | $4K | $40K | 10x | as long as short |
| Phemex SYNUSDTlong | +0.0100% | 4h | 0.2362 | long leg | $1.5M | $1.8M | 50x | |
| Binance SYNUSDT | +0.0174% | 4h | 0.2366 | +0.162% | $11.9M | $41.2M | 10x | as long as short |
| MEXC SYN_USDT | +0.0182% | 4h | 0.2362 | −0.004% | $2.7M | $7.6M | 50x | as long as short |
| BingX SYN-USDT | +0.0190% | 4h | 0.2365 | +0.131% | — | $3.2M | — | as long as short |
| Kraken Futures PF_SYNUSD | +0.0459% | 1h | 0.2363 | +0.046% | $190K | $579K | 10x | as long as short |
| Aster SYNUSDTshort | +0.1195% | 4h | 0.2367 | +0.208% | $2.6M | $813K | 5x |
Bitget SYNUSDT
Orderly PERP_SYN_USDC_mythos
Binance SYNUSDT
MEXC SYN_USDT
BingX SYN-USDT
Kraken Futures PF_SYNUSD